Archive | May, 2011

May 13, 2011 – This Chart Keeps Me Awake at Night

Featured Trades: (THIS CHART KEEPS ME AWAKE AT NIGHT) 2) This Chart Keeps Me Awake at Night. The forest and the trees are the constant dilemma facing traders on hedge fund desks, the exchange floor, the commodities pits, or behind PC's at home. While spending all day focusing intently on the tree in front of […]

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May 13, 2011 – A Review of the Gold Fundamentals

Featured Trades: (A REVIEW OF THE GOLD FUNDAMENTALS), (WORLD GOLD COUNCIL), (GLD), (ABX)   3) A Review of the Gold Fundamentals. With gold crashing through to $1,500 this morning, I thought that I would once against re-examine the fundamentals for the barbarous relic. That is most easily done by reading the Q1 report from the […]

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May 12, 2011 – Trade School

Featured Trades: (TRADE SCHOOL) , (SPY),   1) Trade School. I fielded a lot of questions at yesterday’s Macro Millionaire webinar on how I was able to make so much money with small positions. As of today, the year to date theoretical returns for the model portfolio is 34%, putting it in the top 1% […]

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May 12, 2011 – Give Dr. Copper an A+ for Accuracy

Featured Trades: (COPPER), (CU), (CAT), (FCX)   2) Give Dr. Copper an A+ for Accuracy. No one has been singing louder the praises of the predictive power of copper prices (CU) louder than me this year. They call the red metal 'Dr. Copper' because of its uncanny ability to forecast the future direction of the […]

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May 12, 2011 – Quote of the Day

'Long term, the pressure on commodity prices is only one way, and that is up, said Doug Oberhelman, CEO of Caterpillar (CAT).

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May 11, 2011 – Only Two More Weeks Until The Mad Hedge Fund Trader’s May 20 San Francisco Strategy Luncheon

Featured Trades: (SAN FRANCISCO STRATEGY LUNCHEON)   1) Only Two More Weeks Until The Mad Hedge Fund Trader’s May 20 San Francisco Strategy Luncheon. Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in San Francisco, California on May 20, 2011. A three course lunch […]

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May 11, 2011 – How to Build a Top

Featured Trades: (HOW TO BUILD A TOP), (QQQ), (XLF), (SPX)   2) How to Build a Top. Yes, we are all in the instant gratification business. We all want to ride an uptrend for nine months, sell at the top tick, and stay short for the entire four month selloff that ensues. In real life, […]

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May 11, 2011 – From Bad to Worse for the Euro

Featured Trades: (FROM BAD TO WORSE FOR THE EURO), (FXE), (EUO), (UUP)   3) From Bad to Worse for the Euro. I am going to take a profit here in my short position in the euro by selling my (FXE) September, 2011 $145 puts. I don't double my capital in two days very often. When […]

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May 11, 2011 – Quote of the Day

'Bond people are half-empty people and equity people are half-full people. It's like the pessimist versus the optimist; the cold front and the warm front rotating. You get thunderstorms,' said Bill Gross, managing director at bond giant, PIMCO.

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May 10, 2011 – Lunch With Leslie Hinton of Dow Jones

Featured Trades: (LUNCH WITH DOW JONES)   1) Lunch With Leslie Hinton of Dow Jones. I managed to catch a lunch with Leslie Hinton, the CEO of Dow, Jones, Inc. as he swung through San Francisco to meet with major advertisers. Hinton was installed in the top job by Rupert Murdoch after his $5 billion […]

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May 10, 2011 – Finally, a Decent Number

Featured Trades: (APRIL NON FARM PAYROLL)   2) Finally, a Decent Number. The April nonfarm payroll showed a gain of  244,000 on Friday, exceeding expectations for the first time in many months. A statistical aberration took the headline unemployment rate back up from 8.9% to 9.0%. February and March were revised up an additional 46,000 […]

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May 10, 2011 – It's Full Speed Ahead for China's Nuclear Program

Featured Trades: (CHINESE NUCLEAR POWER)   3) It's Full Speed Ahead for China's Nuclear Program. To say that the partial meltdown at Tokyo Electric Power's Fukushima plant has put a chill on the global nuclear industry would be a vast understatement. Lead stock Cameco (CCJ) has cratered by 40%, while the ETF (NLR) has taken […]

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May 9, 2011 – My Victory Roll

Featured Trades: (MY VICTORY ROLL)   2) My Victory Roll. I am writing this letter at 5:00 AM, holed up in a luxury suite at the Bellagio Hotel in Las Vegas’”still on ‘stock market time,’ or up four hours earlier than the rest of the country, while everyone else here is sleeping off hangovers. It […]

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May 9, 2011 – Taking Another Shot at the Garlic Eaters

Featured Trades: (TAKING ANOTHER SHORT AT THE GARLIC EATERS)   3) Taking Another Shot at the Garlic Eaters. If you have to name one beneficiary of QE2, the collapse of the dollar, and a seemingly never ending 'RISK ON' trade, it has got to be the euro. All of this strength has come from an […]

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May 6, 2011 – The Mad Hedge Fund Trader’s June 20 Milan, Italy Strategy Luncheon

Featured Trades: (MILAN ITALY STRATEGY LUNCHEON)   1) The Mad Hedge Fund Trader’s June 20 Milan, Italy Strategy Luncheon. Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Milan, Italy on June 20, 2011. A three course lunch will be followed by a 30 […]

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